Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

1 Spinnaker Street 2

Marina Del Rey, CA, 90292

1 / 28View all 28 photos

$3,595,000

MLS: 26655963

Beds

2

Baths

3

Sq Ft

1,965

Lot

0.43 ac

Year Built

1974

MLS #

26655963

Days on Market

8

Listed

Feb 24, 2026

Description

Welcome to your oceanfront paradise in one of the best funded/managed HOA's in the area (close to a million in reserves!). Enjoy 30 feet of ocean frontage with breathtaking, unobstructed views stretching from Malibu to Catalina. Floor-to-ceiling glass doors open onto a spacious oceanfront balcony, offering direct beach access via private steps to the sand. The absence of continuous sidewalks and nearby parking ensures a peaceful, secluded atmosphere.Designed for seamless indoor-outdoor living, the home features polished cement floors throughout, a step-down living room with a stone fireplace, and a versatile oceanfront great room with space for dining and an office. The kitchen showcases ocean views, stainless steel appliances, and granite countertops.Additional highlights include 2 large en-suite bedrooms, a laundry room, powder room and 3 reserved parking spaces. Perfectly situated for year-round beach walks,dolphin watching, and spectacular sunsets. FULLY FURNISHED AVAILABLE.

Location

Marina Del Rey, Los Angeles County, CA 90292

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Listed by: Dahlia Pashaie · Core Realty, Inc.

Payment estimate

$25,272

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $359,500 · Loan: $3,235,500

%
Principal & Interest
$19,879
Property tax (1.25%)
$3,745
Homeowners insurance
$300
Mortgage insurance
$1,348
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Marina Del Rey home with as little as 3.5% down using an FHA loan — roughly $125,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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